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Jakarta
Monday, September 24, 2018
JAKARTA (TheInsiderStories) - Indonesian General Election Commission (GEC) officially determines Joko Widodo-Maruf Amin and Prabowo Subianto-Sandiaga Uno as definitive presidents and vice presidents candidates in 2019 Presidential Election. "Plenary session of General Election Comission determine two pairs of candidates who have registered to us, namely Joko Widodo-Maruf Amin, and Prabowo Subianto -Sandiaga...
JAKARTA (TheInsiderStories) - Indonesia' President Joko Widodo signed a Presidential Decree Number 24 Year 2018 concerning the National Team for Increasing the Use of Domestic Production. The policy is part the government plant to reduce import costs. The existence of this team carries out the provisions of Article 73 paragraph 2 of...
JAKARTA (TheInsiderStories) - The country' port operator, PT Pelabuhan Indonesia (Pelindo) III shareholders meeting at the State Owned (SOEs) ministry established Doso Agung as the new chief executive of the company. He replacing I Gusti Ngurah Ashkara Danadiputra positioned who had been appointed as a CEO of PT Garuda Indonesia Tbk (IDX:...
JAKARTA (TheInsiderStories) - Indonesia' parliament approved the government planned to inject capital for state-owned power producer PT Perusahaan Listrik Negara (PLN) and toll operator PT Hutama Karya with total amount Rp17 trillion (US$1.17 billion). In details Rp6.5 trillion for PLN, while Rp10.5 trillion for Hutama Karya. PLN Finance Director Sarwono Sudarto...
JAKARTA (TheInsiderStories) - Indonesia General Election Commission (GEC) will determine definitives president and vice president (VP) candidates for 2019 Election today, said the commissioner on Thursday (20/09). The agency will also determine the definitives final candidate of legislative member this afternoon. The GEC' commissioner Viryan Azis said, the determination of definitive candidates...
JAKARTA (TheInsiderStories) - High oil prices and weak external demand are likely to persist over the near term, and greater United States (US) - China and US - Japan trade tensions increase downside risks for Japan’s exports. The Samurai country’ trade balance recorded a deficit of JPY445 billion (US$400 million) in August...
JAKARTA (TheInsiderStories) - Indonesian government through the Ministry of Energy and Mineral Resources (MEMR) decided to auction the West Kampar Block because one of the rights holders is declared bankrupt and no contractor is interested in managing it, said one official government on Wednesday (19/09). West Kampar Block is located in Riau...
JAKARTA (TheInsiderStories) - Moody's Investors Service has downgraded the corporate family rating of Lippo Karawaci Tbk (P.T.) to B3 from B2. Moody's has also downgraded the backed senior unsecured rating of the bonds issued by Theta Capital Pte. Ltd., a wholly-owned subsidiary of Lippo Karawaci, to B3 from B2. The bonds are...
JAKARTA (TheInsiderStories) - Good morning. Indonesian government and lawmakers from the budget committee had agreed to raise the outlook on tax revenue in the 2019 State Budget to Rp1,784 trillion from earlier estimates of Rp1,781 trillion on expectations of higher income from the oil and gas sector. The government, represented by the...
JAKARTA (TISIntel) - A standard economic dictum will accept the positive correlation between growth in a country’s exports and currency depreciation. The reason being is that weak currency will make exports of goods and services cheaper thus making it more attractive for foreign buyers. The correlation would also work in reverse. Weak...

Latest article

OPEC Sees Global Oil Demands Declining Until 2023

JAKARTA (TheInsiderStories) - Organization of the Petroleum Exporting Countries (OPEC) predicts the demand for world oil until 2023 will decline even though energy demand is...

Indonesia Invites More Investment from Singapore in Kendal Industrial Park

JAKARTA (TheInsiderStories) - Indonesia's Minister of Industry Airlangga Hartarto invited Singapore investors to invest more in the Kendal Industrial Park (KIP) in Central Java. This was conveyed...

US’s Amazon Eyes Indonesian Market, Prepares Investment US$965M

JAKARTA (TheInsiderStories) - Amazon, an American electronic commerce and cloud computing company (NASDAQ: AMZN), aims to invest Rp14 trillion (US$965.52 million) in ten years period to...

Italian Eni, Pertamina Explores to Develop Green Energy in Indonesia

JAKARTA (TheInsiderStories) - Eni S.p.A, an Italian multinational oil and gas company signed an agreement with Indonesia's energy producer PT Pertamina to explore oil and gas downstream...

Widodo-Amin Got Number 1, Subianto-Uno Number 2 for Indonesia’s 2019 Presidential Election

JAKARTA (TheInsiderStories) - The campaign period for the 2019 General and Presidential Election officially started on Sunday (23/09) attending by all presidential candidates and parties. The...

Weekly Briefing: Election Campaign Kicks Off with a Touch of Drama

JAKARTA (TheInsiderStories) - Good morning. The campaign period for the 2019 General and Presidential Election officially started on Sunday (23/09), with the Demokrat Party from the...